Social capital and its relations with the productive factors Cover Image

Kapitał społeczny i jego relacje z czynnikami wytwórczymi
Social capital and its relations with the productive factors

Author(s): Małgorzata Wosiek
Subject(s): Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Rzeszowskiego
Keywords: human capital; social capital; production function; productive factors; Polish provinces

Summary/Abstract: The presented study is of exploratory character, whose objective is to verify the role of socialcapital in relation to other productive factors such as physical and human capital, as well as unskilledlabour. The Polish provinces have been chosen as research areas. The study also verifies a hypothesisthat in the Polish economy the relations between social capital and the aforementioned productivefactors are complementary in nature. The translogarithmic production function has been selected asand ranging from 2002 to 2014.The performed analyses do not provide sufficient evidence for confirming or rejecting the researchhypothesis, however, on their basis, some of the characteristics of the studied dependenciescan be observed. Relationships that combine social capital with other productive factors are not onlycomplementary but may also be interchangeable. The nature of the relationship depends, amongothers, on the type of the productive factor (physical capital, human capital, unskilled labour) andthe aspect of social capital (normative, behavioural or structural).The results of the calculations indicate the substitutive nature of the relationship between thenormative as well as behavioural social capital and physical capital. The relationship between thestructural format of social capital (inclination to associate) and physical capital bear the symptomsof complementarity. The results also signal the complementary nature of relations that combine socialcapital (in all its aspects) with human capital and unskilled labour. In each case, the statisticallyunsatisfactory results of the calculations question the power and effectiveness of the impact of socialcapital on the accumulation of the analysed productive factors.

  • Issue Year: 2017
  • Issue No: 52
  • Page Range: 80-94
  • Page Count: 15
  • Language: Polish